2023 Form 5500 filing — Down East Community Hospital 401(K) Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240809153950NAL0003554547001) for Down East Community Hospital 401(K) Retirement Plan, reported by Down East Community Hospital under EIN 01-0263198 and plan number 002. It reports 402 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240809153950NAL0003554547001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Down East Community Hospital
- EIN
- 01-0263198
- Plan number
- 002
- Location
- Machias, ME
- Participants
- 402
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,832,249
- Net assets (EOY)
- $22,832,249
- Employer contributions
- $738,159
- Participant contributions
- $1,063,628
- Total income / additions
- $5,299,792
- Benefits paid
- $2,073,343
- Administrative expenses
- $65,438
- Total expenses
- $2,138,781
- Net increase / (decrease)
- $3,161,011
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ameriprise Financial Services LLC | INV. ADVISOR | $50,136 | $0 |
| Downeast Pension Services Inc | CONTRACT ADMIN | $4,600 | $0 |
| Capital Group Retirement Plan Servi | RECORDKEEPER | $2,738 | $0 |